The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-10

Sales, a. COO brls; common to choice white wheat
Western extra, g. 65 IA 85 fancy white wheat
Western extra, 81 80 05.25
Wheat-Spot lots q shade lower and moder-
ately active for export; options variable and I'M
settled, closing heavy and 401c lower. Specu-
lation fairly active. Receipts. $4,000 bu; ex-
ports, 157.S57 bu. Sales, 10, 736, 900 bu futures
and 296, 600 bu spot. No. spring nominal at
93ac; No hard, 9Sa oslo; ungraded rod, 901 q
96ac; No. 8 red, 91sc; No. 2 red, $3.50 in ele-
vator. 9l4 92c in store, 92as 093ac o. b.; No.
red, Csc; No. white, 93ac; No. 2 red, March,
nominal at 9lsc; April 92s a 93sc closing at 921e;
May, SO 1l-l6 94sc. closing at 93lc; June, 92a a
93sc, closing at 92ac July, 92s q $3.50, closing at
924c; August, 92i a 93sc, closing at 92ac; Sep
TENDER. 92s 093sc, closing at 93c; November,
96sc; December, 96b a 97ic, closing at 96.e.
Corn-Spot firm but quiet; options q I4c nigh
or. closing heavy with reaction OF q &c; specu-
| lation moderate. Receipts, 81, 900 blu; exports,
127. 061 blu; sales, COG 600 bu futures and 1000
bu spot; ungraded, 40 050ac; steamer 49c in ele-
vator No. 2, 49ac in elevator; No. 2, 504c deliv-
cred; No March. nominal 49s; April, AZ q 49sc;
June. 40! a 50sc, closing at 495c.
Oats IL oderately active. Receipts, 30. 600 bu;
exports. 81 Blu; sales, 100000 bu futures and
LA, 600 bu spot. Mixed Western, 33 037c; white
Western, 50 a 42c.
Hay steady and in fair demand.
Hops quiet and unchanged.
Coffee-Spot fair Rio quiet at 14ac options
steady and fairly active; sales. SO $50 bags; March,
II 20 q IL 90c April II. IS q u. S5c; May II. 70
IL 90c June and July, IL 80 q IL 90c; August.
IL 90 q IL Csc; September and October, II IS %
II 95c; December, 1873 5013c; January. 1885,
Sugar quiet; refined steady andquiet Moasses
firm and quiet Rice steady.
Tallow active and stronger at 1-32c. Rosin
| quiet
Pork quiet and firmly held. Cut meats firm;
picked bellies, u z; clear bellies, &c; Inddles
| dull and nominal. Lard Ga 81 points higher and
| fairly active; Western steam, spot, quoted at
| 790c; March, 7.s9 1880; April, 100 al. 98c;
| May, 1880 O5c; June, $4,000; July, $40 q
| 8. lac; city steam, SOC.
Butter firm and demand fair; Western, 100
| Doc. Cheese quiet and steady. Eggs steady and
| in fair demand; receipts, 652S packages.
| Other articles unchanged.
CHICAGO, March 9-The wheat market was
not quite SO tempestous as on yesterday, yet the
| deal was interesting throughout both sessions,
| and at times was very exciting. The opening
scenes were very wild. The market closed at
| SAFE for May delivery, last night yet on the
| made as high as S64c. When the gong sounded
| on Change parties were paying Soc and SOC in
| different portions OF the pit. There was quick
| decline to 844, but within three minutes prices
| had reacted to &c., The price fell off to &c., and
held quite steadily between 85c and 6oac until the
| afternoon session, when there was severe break
| to S3sc followed by a recovery to 84s, where the
| market rested for the day. The feeling is very
| unsettled and feverish and there continues to
| be the usual amount of speculation as to agen-
| cies which control the market The buying or
| ders coming the market were more numerous
| than usual, and affected the course of values
somewhat, but local spectators, acting for them
selves or outsiders, appeared to hold the key to
| prices The ''short" interest is conceded to be
| extraordinarily large. and it is intimated that
| among the chief of them are three four big
firms that have been on the "bear' side of the
market for four FIVE years The
foreign advIces were rather unfavorable and
the quantity of wheat or ocean passage showed
| an increase of 100, coo bushels. The clearings
| from the seaboard were 247, 900 bushels. The
more deferred futures ruled irregular and closed
lower than yesterday, while May closed i
higher This created feeling that if a squeeze
| occurred it to occur in May. The "bull'
| temper was impaired to corn and the price for
| May delivery advanced fully cents during the
session, and closed II 01sc higher than yes
| terday Outside orders were more numerous ant
local operators traded a larger scale. Shorts
bought literally, andthe trading was very active
| throughout the entire session. The receipts are
smaller and the shipping demand more active
little more activity was witnessed in oats anC
| prices were shade higher. In mess pork the
feeling was very quiet, and prices ruled slightly
| lower. Lard was again in active demand BY
Shorts and prices advanced 10 020 cents pei
| 100 pounds. Short ribs closed about the sam,
as Yesterday. The leading futures ranged a
| follows: